Followers

Monday, November 23, 2020

Half of NBFCs which qualify for bank licence are corporate-owned

Around half of the finance companies with assets of over Rs 50,000 crore that meet the RBI’s size criteria to get a bank licence are part of corporate groups, while two are already part of banking groups. Not many standalone non-banking financial companies (NBFCs) are likely to qualify for the bank licence norms.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2J9R0IL

No comments:

Post a Comment

Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...